What's Going On With Trump Media & Technology Stock On Monday?

Republican presidential candidate Donald Trump, aiming to shift focus from a week dominated by Kamala Harris, emphasized his tax and health plans during a Friday event in Las Vegas.

The Trump Media & Technology Group Corp DJT, in which Trump has a majority stake, is trading lower on Monday as the stock factors in every move of Trump ahead of the Presidential election.

Speaking at a Mexican restaurant, the former president discussed his proposal to eliminate taxes on tips for service employees, a crucial part of his economic agenda, Reuters reports.

He also highlighted his campaign’s efforts to engage Hispanic voters in Nevada. Trump is also reconsidering his commitment to debate with Harris, an ABC-hosted discussion on September 10, 2024, citing concerns about a potentially hostile environment, CNBC cites from his social media post.

Trump’s tax proposal is the kind of issue his advisers have urged him to prioritize, as opposed to his frequent personal attacks on Vice President Harris.

Trump reiterated his tax pledge later that day at an event in Arizona, where he also announced plans to establish a commission to investigate presidential assassination attempts and proposed setting up a panel to examine the rise in chronic health problems and childhood diseases.

Both proposals were influenced by independent presidential candidate Robert F. Kennedy Jr., who endorsed Trump after dropping out of the race.

The Truth Social parent lost over 30% in the last 30 days.

Price Action: DJT stock traded lower by 3.55% to $22.00 at the last check on Monday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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